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South China Aluminum: Transactions Turn Modest in The Afternoon
Mar 1,2012 16:30CST
smm insight
Source:SMM
On Thursday, SHFE aluminum prices fell slightly and struggled at the RMB 16,200/mt level.

SHANGHAI, Mar. 1 (SMM) – On Thursday, SHFE aluminum prices fell slightly and struggled at the RMB 16,200/mt level. Cargo holders in spot market in South China were not willing to move goods for low prices and stayed out of the market, driving spot prices up to RMB 15,890-15,910/mt, close to the aluminum prices in Shanghai. Middlemen were actively trading, but downstream buying interest was low. Transactions turned quiet in the afternoon.

South China
aluminum price

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